The National Planning Commission (NPC) has submitted its report to the Finance Ministry on policy and programmatic discussions regarding preparing the upcoming fiscal year’s budget. NPC Vice Chairman Prof. Dr Shivaraj Adhikari handed over the report to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel at the ministry.

As per the Economic Procedure and Fiscal Responsibility Act, the NPC should submit the report to the finance minister after holding policy and programmatic discussions with the ministries, commissions and government agencies on the upcoming fiscal year’s budget.

NPC also unveiled a report on ‘Sustainable Development Goals: Needs Identification, Cost Estimation and Fiscal Strategy’, which revealed that more than NPR 21.165 trillion is required for the country to implement SDGs by 2030. To achieve SDGs, the highest investment is to be done in industries, innovations and infrastructure development, followed by clean energy. NPC has formulated a strategy to make financial resources available from public, private, cooperative and household levels to be 57.5%, 34.5%, 4.18% and 3.95%, respectively, to meet the investment requirement for SDGs.

Nepal is scheduled to graduate from the Least Developed Countries (LDC) category on November 24, 2026. Progress in areas to achieve SDGs like poverty reduction, human capital development, and economic stability will boost Nepal’s GNI per capita, Human Assets Index, and Economic Vulnerability Index, all of which are used to determine LDC status.